VETERAN industrialist Adi Godrej is set to step down as the chairman of the Godrej Group and from the board of directors of Godrej Industries Ltd. (GIL), paving way for his younger brother Nadir Godrej effective October 1, the company has said in a statement. The 79-year-old senior Godrej will,…
AFTER the acquisition of additional shares in the Kingfisher lager owner in June, Heineken has gained full operational control of United Breweries Limited (UBL) in India. On June 23, Heineken acquired an additional 39.6 million ordinary shares in UBL – taking its shareholding interest from 46.5 per cent to 61.5…
SOUTH African president Cyril Ramaphosa on Thursday (12) conceded for the first time that rifts within the country’s ruling African National Congress (ANC) stopped appropriate action from being taken against the influential Gupta family from India for its alleged involvement in a huge state capture. While appearing before the State…
The iconic Lord's Cricket Ground was witness to a captivating day of cricket on Friday (13) as England and India fought hard to grab the driver's seat in the second Test. The home team did well to come back into the game in the early part of the day by…
US-based start-up Softworthy was recently conferred the National Science Foundation Innovation-Corps Teams Awards (NSF I-Corps) and the news left the country’s Indian-American community elated since Saurabh Kewlani, a New Delhi native who serves in a leadership role at the start-up, is part of the project that earned it the award.…
UNMUKT Chand, who led India to win the Under-19 World Cup in Australia in 2012, has decided to quit Indian cricket at the age of 28. The batsman, who has played 67 first-class matches, 120 List A and 77 T20 games but never made it to the national side, posted…
INDIAN commerce minister Piyush Goyal welcomed the decision by the country's Supreme Court that Amazon and Walmart's Flipkart should face investigations into alleged anti-competitive behavior. On Monday (9), the supreme court pulled up the two companies for trying to stall investigations ordered in 2020 by the Competition Commission of India…
THE Indian government is hoping to complete stake sales in Air India, BPCL along with some other identified state-run companies in the current financial year, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said. It will also float the expression of interest for stake sale in…
FORMER Indian National Congress president Rahul Gandhi on Friday (13) lashed out at social media giant Twitter accusing it of being biased and interfering in India’s political process by blocking his account. In a strong attack on the American social media platform, the 51-year-old Gandhi said Twitter was denying his…
THE chief justice of the Supreme Court of India recently slammed police brutality to say the country’s most dangerous places that threaten human rights are its police stations. On August 8, NV Ramana, in his address to the National Legal Services Authority (NLSA) in Delhi, pointed at the human rights…